More tiering needed in CRE CLOs, say panellists
There is a need for differentiation in pricing between seasoned commercial real estate CLO managers and less experienced issuers, speakers said at a CRE Finance Council conference panel on Tuesday.
As the investor base deepens and the market rolls towards the end of the credit cycle, the market may become naturally more discerning about which issuers to rank above others.Issuance of CRE CLOs is expected to stay flat or increase slightly, and a handful of new ...
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